Fidus Investment Corporation (FDUS)
Market Cap | 702.03M |
Revenue (ttm) | 145.01M |
Net Income (ttm) | 87.13M |
Shares Out | 33.91M |
EPS (ttm) | 2.78 |
PE Ratio | 7.45 |
Forward PE | 9.71 |
Dividend | $2.10 (10.15%) |
Ex-Dividend Date | Dec 17, 2024 |
Volume | 203,459 |
Open | 20.78 |
Previous Close | 20.80 |
Day's Range | 20.59 - 20.78 |
52-Week Range | 18.41 - 20.84 |
Beta | 1.44 |
Analysts | Hold |
Price Target | 22.00 (+6.28%) |
Earnings Date | Oct 31, 2024 |
About FDUS
Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. It does not invest in turnarounds or distressed situations. The fund ... [Read more]
Financial Performance
In 2023, Fidus Investment's revenue was $130.11 million, an increase of 38.21% compared to the previous year's $94.14 million. Earnings were $77.13 million, an increase of 115.32%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for FDUS stock is "Hold" and the 12-month stock price forecast is $22.0.
News
Fidus Investment: A Solid Q3 With An Efficient Income Profile
We provide a Q3 update of the business development company Fidus Investment. Fidus Investment trades at a 12.2% dividend yield and shows consistent outperformance at a modest valuation. Q3 adjusted ne...
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Fidus Investment: A High-Yield BDC With Dividend Coverage And Growth
Fidus Investment offers a compelling investment with a high dividend yield of 8.6%, comfortably covered by net investment income and strong liquidity. The company's net asset value has shown substanti...
Fidus Investment: Near 9% Yield Should Be Sustainable (Upgrade)
Fidus Investment Corporation is a well-managed BDC with a First Lien-centric portfolio, covering its dividends with net investment income. The BDC pays special dividends quarterly, enhancing total ret...
Let's Examine The Safety Of Fidus Investment Dividends
Fidus Investment is a business development company, which tends to be sensitive to changes in the interest rate environment. FDUS portfolio is well-diversified and oriented around mostly debt investme...
Fidus Investment (FDUS) Q3 2024 Earnings Call Transcript
Fidus Investment (NASDAQ:FDUS) Q3 2024 Earnings Conference Call November 1, 2024 9:00 AM ET Company Participants Jody Burfening - Investor Relations Ed Ross - Chairman & Chief Executive Officer Shelb...
Fidus Investment Corporation Announces Third Quarter 2024 Financial Results
Board of Directors Declared Total Dividends of $0.61 per Share for Fourth Quarter 2024 Base Dividend of $0.43 and Supplemental Dividend of $0.18 Per Share EVANSTON, Ill., Oct. 31, 2024 (GLOBE NEWSWIRE...
Fidus Investment Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call
EVANSTON, Ill., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ: FDUS) (“Fidus” or the “Company”) today announced that it will report its third quarter 2024 financial results on...
My 9.5% Income Portfolio-Fifty Shades Of Blue
My portfolio includes CEFs, ETFs, a few BDCs and an ETN, for whose selection I have developed over the years a criterion based mainly on NAV performance. In this article, however, I decided to focus o...
9%-Yielding Fidus Investment: 133% Dividend Coverage And Low Leverage
Fidus Investment offers a well-covered 8.8% regular dividend yield (13% TTM yield), special dividends, and a disciplined focus on the lower middle market, making it an attractive high-yielding investm...
Invest In All Weather BDC Dividend Portfolio
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A Game Plan For BDC Investors Before The Earnings Season
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Fidus Investment: Is Mr Market Sleeping On This ~13% Yield?
Fidus Investment is well-prepared for upcoming market volatility with a defensive portfolio and a higher proportion of fixed-rate debt investments. FDUS's dividend coverage is solid, with potential fo...
Gauging Distribution Winners And Losers In The Next Rate Cycle
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Fidus Investment: 12% Yield, Solid Coverage, Low NAV Premium
Fidus Investment easily covered its base dividend with adjusted net investment income in Q2, ensuring sustainability even amid recession fears. The BDC focuses on First Lien debt, offering a compellin...
My 9.5% Income Portfolio-The View From The Top
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3 Pillars To Minimize BDC Dividend Cut Risk In Your Portfolio
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2 High Yield BDCs With One Of The Lowest Debt Profiles
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Fidus Investment: Another Strong Quarter For This 11.8%-Yielding BDC
We provide a Q2 update of the business development company Fidus Investment. Q1 adjusted net income fell. However, the company continues to deliver strong results. Fidus Investment offers a low valuat...
Debunking 2 Common Myths About BDC Dividend Investing
Business Development Companies or BDCs offer great financial characteristics for high income seeking investors. Lately, there has been a lot of chatter around BDCs struggling and experiencing negative...
Fidus Investment Q2: Yet Another Quarter Which Confirms The Bull Case
Fidus Investment just reported its Q2, 2024 earnings. By glancing over the results, the immediate reaction could be negative. Yet, if we dissect the underlying financials in a more detailed manner, we...
Fidus Investment Corporation (FDUS) Q2 2024 Earnings Call Transcript
Fidus Investment Corporation (NASDAQ:FDUS) Q2 2024 Earnings Conference Call August 2, 2024 9:00 AM ET Company Participants Jody Burfening - Investor Relations Edward Ross - Chairman, Chief Executive ...